4 steps to unlocking value in accounts payable
by Bija Knowles
How can you ensure that your accounts payable (A/P) department provides strategic value for the company? Here are some suggestions on how to manage an A/P transformation project
Paying Suppliers
Background
There are three types of suppliers: high volume trading partners, regular suppliers and one-off/occasional suppliers - see figure. Each type requiring different payment solution. Types of…
Read moreWhat do ACHs do? The PSD2 corporate opportunity
by Jack Large
USA’s NACHA presents strategic direction statements for their ACH network and reveal payment rails opportunity
Accounts payables opportunities for improved cash management
by Jack Large
Are you focusing on these key opportunities in A/P?
Would you pay suppliers late to keep shareholders happy?
by Bija Knowles
Should you pay suppliers late to keep your shareholders happy? It seems many 'top performing' companies are putting shareholders before their supply chain. But that is a terrible mistake
Late payments cause SMEs average shortfall of £30k – plus cash flow problems
by Bija Knowles
Late payments are a serious constraint on business: new research has found that a large majority – 94 per cent – of medium-sized companies say late payments are causing them cash flow problems
Strange, but true: Checks/Cheques still matter everywhere
by Kylene Casanova
Declining in importance yes, but still vital
100% procurement visibility is vital, anything less is costly and dangerous
by Kylene Casanova
eRequester® 7 steps to achieve control and cost savings show what companies need to do
Wrong payments data could stunt your business’s growth
by Kylene Casanova
Your company's future growth depends to a large extent on how efficiently payments are processed – yet one in five companies have more than 10% of payments rejected due to incomplete data
Cash management improvement opportunities world-wide with new payment services
by Kylene Casanova
Same day ACH debits, PSD2, Alipay, mobile payments slow growth, MasterCard B2B payments hub for SMEs, insights into B2B payments, EMV chip card penetration/region
How digitizing agricultural input payments in rural Kenya is tackling poverty
by Kylene Casanova
One Acre Fund, in partnership with Citi Inclusive Finance, cut payment losses and collection costs by over 80 percent, boosting farmers’ satisfaction and economic opportunity
Fintechs and banks clash over ‘screen scraping’
by Kylene Casanova
Banning direct access to customer bank accounts could severely hamper the European fintech industry. The debate between banks, fintechs and the EBA is far from over
SWIFT’s tracker tool to improve payment status visibility for corporates
by Kylene Casanova
As part of its global payments initiative (GPI), SWIFT has launched a cross-border payments tracker that enables international payments to be traced in real-time
Nasdaq and Citi announce pioneering blockchain and global banking integration
by Kylene Casanova
Enables Nasdaq Private Market division to streamline payment transactions between multiple parties
European fintechs ask EC to amend PSD2 technical standards
by Kylene Casanova
A group of fintech organisations has said the technical guidelines accompanying PSD2 are not aligned with the regulation's aims - and has asked the European Commission to amend them
3 UK payment systems operators to be consolidated by end of 2017
by Kylene Casanova
Bacs, FPS and C&CCC to be consolidated by end of the year, expected benefits include enhanced capability and capacity and creation of Image Clearing System for cheques
Could you be a supply chain bully? Ask yourself these questions
by Kylene Casanova
Achieving efficiencies in payables outstanding is very much a part of the internal financial goals that companies set themselves – but in being more efficient, could you be harming your suppliers?
SwapsTech ZillPAY™ : Mother of All Payments™ for global domination….?
by Kylene Casanova
New fintech technologies enable SwapsTech to show how to replace bank accounts and use other technologies to dramatically improve payment systems
Virtual world improves control and cuts costs in the real world
by Kylene Casanova
Virtual accounts and cards: Minimise reconciliation admin and hassle. Show who the payment was from and what for. New Amadeus and US Bank B2B virtual card shows how
Impact of UK Payables Reporting Regulations on UK and overseas corporates
by Brian Shanahan, Founder & CEO , Informita
Informita's Brian Shanahan discusses the legislation that went live on 1 April 2017 and first reports are due at end of September
Managing VAT world-wide (changes keep coming) should be combined with FX operation
by Kylene Casanova
No VAT on Bitcoin transactions in Norway, UK threshold increased, Egypt VAT increased, Taiwan: VAT refund offered
New UK payables reporting requirements from 4 April 2017 - is your company liable?
by Kylene Casanova
Informita survey shows 77% not aware came into force on 4th April and 85% don't understand reporting requirements - here is what corporates need to do to comply
What large UK businesses need to know about new payment reporting rules
by Kylene Casanova
From 6 April, large companies in the UK will be required to report on their payment terms and practices – including the average time to pay supplier invoices
3 steps towards the Internet of Payments
by Kylene Casanova
The Internet of Things is set to change how individuals and companies pay. But what will it take for us to feel comfortable with connected devices in the supply chain authorising payments?
2017 is key year for access to UK payment systems
by Kylene Casanova
2017 could be a key year for access to payment systems in the UK, with up to 10 new providers seeking to gain access to the interbank payment system